For your final discussion assignment, respond to the following questions.
Is it realistic to assume that the economic concept of operating at the
point where marginal revenue and marginal cost are equal can be applied
to real-world strategic planning while at the same time marrying this
concept to the capital budgeting process? If so, how can that be done?
If the concept is applied, how confident should we be that the firm will
achieve the point where marginal cost and marginal revenue are equal?
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